| AMK Stock | | | CAD 0.32 0.01 3.03% |
American Creek financial indicator trend analysis is way more than just evaluating American Creek Resources prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Creek Resources is a good investment. Please check the relationship between American Creek Total Assets and its Cash accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Creek Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Total Assets vs Cash
Total Assets vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
American Creek Resources Total Assets account and
Cash. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between American Creek's Total Assets and Cash is -0.06. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Cash in the same time period over historical financial statements of American Creek Resources, assuming nothing else is changed. The correlation between historical values of American Creek's Total Assets and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of American Creek Resources are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Total Assets i.e., American Creek's Total Assets and Cash go up and down completely randomly.
Correlation Coefficient | -0.06 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of American Creek assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in American Creek Resources books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Cash
Cash refers to the most liquid asset of American Creek Resources, which is listed under current asset account on American Creek Resources balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from American Creek customers. The amounts must be unrestricted with restricted cash listed in a different American Creek account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
Most indicators from American Creek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Creek Resources current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in American Creek Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
At this time, American Creek's
Selling General Administrative is fairly stable compared to the past year.
Enterprise Value is likely to climb to about 53.3
M in 2024, whereas
Issuance Of Capital Stock is likely to drop 0.00 in 2024.
American Creek fundamental ratios Correlations
Click cells to compare fundamentals
American Creek Account Relationship Matchups
High Positive Relationship
High Negative Relationship
American Creek fundamental ratios Accounts
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Additional Tools for American Stock Analysis
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measure American Creek's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Creek is operating at the current time. Most of American Creek's value examination focuses on studying past and present price action to
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